The effect of recording depreciation for the year is a(n)

a. decrease in net income and no change in assets.
b. decrease in assets but no change in owners' equity.
c. increase in assets and an increase in net income.
d. decrease in assets and a decrease in net income.


d

Business

You might also like to view...

Not only can contracted project work be cheaper, it can also be done ________.

Fill in the blank(s) with the appropriate word(s).

Business

On April 1, 2008, about 20,000 workers in Vietnamese factories that make Nike shoes walked off the job. The workers at the plants (managed by a Taiwanese company) were demanding higher wages. At the time of the strike, the Nike workers were being paid 14% above the minimum wage for Vietnam. However, consumer prices in Vietnam have risen 19% in one year. The inflation rate has been the impetus for

a number of labor strikes over the past year. By April 2, 2008, the strike was settled. The workers were given a 10 percent raise to their $5 hourly wage. If Nike's wages that it was paying were legal, why did it settle the strike by agreeing to pay more? a. Nike had an ethical dilemma that fit into the category of organizational abuse b. Nike was considering its stakeholders in resolving ethical dilemmas c. Nike was exercising social responsibility d. All of the above are correct

Business

________ is the relative pay of jobs in an organization.

A. Pay level B. Compa-ratio C. Pay grade D. Job structure E. Range spread

Business

Data have many characteristics. If you cannot see or feel the data being measured, you are describing their level of ________.

A. elusiveness B. closeness to the phenomenon C. verifiability D. abstractness E. replicability

Business